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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Loans, including fees $ 53,886 $ 50,571 $ 104,456 $ 99,503
Securities:        
Taxable 4,700 5,285 9,392 10,796
Non-taxable 802 807 1,603 1,616
Federal funds sold and interest-bearing deposits in banks 4,747 2,545 8,606 6,020
Total interest income 64,135 59,208 124,057 117,935
Interest expense:        
Deposits 20,062 21,629 39,889 43,292
Subordinated debt 835 835 1,670 1,670
Junior subordinated deferrable interest debentures 735 856 1,468 1,717
Total interest expense 21,632 23,320 43,027 46,679
Net interest income 42,503 35,888 81,030 71,256
Provision for credit losses 2,500 1,775 2,920 2,605
Net interest income, after provision for credit losses 40,003 34,113 78,110 68,651
Noninterest income:        
Service charges on deposit accounts 2,098 1,949 4,239 3,762
Net gain on sales of loans 2,655 2,788 5,246 5,442
Bank card services and interchange fees 3,771 4,052 7,150 7,113
Other mortgage banking income 951 609 473 1,900
Investment commissions 426 450 860 884
Fiduciary fees 694 720 1,432 1,474
Other 1,570 2,141 3,390 3,543
Total noninterest income 12,165 12,709 22,790 24,118
Noninterest expense:        
Salaries and employee benefits 19,708 19,199 39,149 38,187
Occupancy and equipment, net 3,972 4,029 7,999 7,949
Professional services 1,874 1,738 3,604 3,221
Marketing and development 919 860 1,824 1,614
IT and data services 1,181 1,086 2,345 2,076
Bank card expenses 1,579 1,516 3,033 2,913
Appraisal expenses 236 229 428 456
Other 4,074 3,915 8,191 8,086
Total noninterest expense 33,543 32,572 66,573 64,502
Income before income taxes 18,625 14,250 34,327 28,267
Income tax expense 4,020 3,116 7,428 6,259
Net income $ 14,605 $ 11,134 $ 26,899 $ 22,008
Earnings per share:        
Basic (in dollars per share) $ 0.9 $ 0.68 $ 1.65 $ 1.34
Diluted (in dollars per share) $ 0.86 $ 0.66 $ 1.58 $ 1.3
Net income $ 14,605 $ 11,134 $ 26,899 $ 22,008
Other comprehensive income (loss):        
Unrealized gains (losses) on securities available for sale (1,341) 561 4,299 (10,269)
Less: Change in fair value on hedged state and municipal securities (1,573) (463) (3,825) 920
Tax effect 612 (21) (99) 1,963
Other comprehensive income (loss) (2,302) 77 375 (7,386)
Comprehensive income $ 12,303 $ 11,211 $ 27,274 $ 14,622